Hill shire thought they would buy pinnacle and get into frozen foods and get bigger. A couple weeks later, theyre going to be involved in tyson. A heated hitting were. Bidding war. Have the stronger balance sheet, but they had the stronger will. They did not really chase this is this. Sara lee was part of one big company. They almost bought it been a couple years ago. They have been lusting for the brand for many years. On had a Bad Reputation not a Bad Reputation, but it would back away from meals at the last second. This time, they went through and went a couple of dollars higher than the rival. The next thing will be a formality. Hill shire has to get out of the pinnacle deal. Acquired. Ll not be 163 million termination fee. They will get paid by hilla shire for the deal not getting done. We do not think there are great candidates to buy hill shire. I think they go on doing what theyre trying to do. They are for sale and are on the block if someone wants to take a look. What happens
Heavy buying over the past week has centered on options that would stand to benefit from US 10-year yields dropping to roughly 4.3%, some 15 basis points below where they are now and the lowest in more than a month.
Traders Set Up for Post-CPI Pop, Targeting US 10-Year Yield at 4 3% yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Yen traders see uphill battle for Japan to halt currency s slide moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
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